Sea Ltd (SE) COO Ye Gang Sells 40,000 Shares

What Happened Ye Gang, Chief Operating Officer and director of Sea Ltd (SE), reported the sale of 40,000 Sea American Depositary Shares in open-market transactions on Sept 17–18, 2026. The sales were in six tranches: 9,735 @ $101.38 ($986,934), 9,601 @ $102.02 ($979,494), 458 @ $102.96 ($47,156), 206 @ $104.76 ($21,581) on Sept 17, and 17,480 @ $101.95 ($1,782,086) and 2,520 @ $102.41 ($258,073) on Sept 18 — total proceeds approximately $4,075,324. These were disposals (sales), not purchases.

Key Details

• Transaction dates: Sept 17–18, 2026; Form 4 filed Sept 21, 2026 (filed within standard Form 4 timing).
• Total shares sold: 40,000; total proceeds: ~$4.08 million.
• Reported prices ranged roughly from about $100.76 to $104.76 across the trades; the filing includes footnotes with weighted-average price groupings and price ranges for the grouped sales.
• Notable footnote: sales were made pursuant to a Rule 10b5‑1 trading plan adopted May 21, 2026 by a BVI entity controlled by the reporting person.
• Shares owned after the transaction are not shown in the excerpt provided — see the full Form 4 for post-transaction holdings.

Context

• These sales were executed under a pre-established 10b5‑1 plan, which typically indicates pre-planned, rule-compliant disposals rather than ad-hoc insider timing. Sales (S) are generally considered routine insider liquidity; purchases are often considered stronger bullish signals.
• No options exercise, gifts, or tax-withholding events are reported in this excerpt. For full context (exact holding after sale, any additional footnote detail), consult the complete Form 4 (Accession No. 0001193125-26-396109).